Thursday, May 4, 2017

Asian stocks tread water on U.S., commodities concerns

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HONG KONG (Reuters) - Asian stocks are set for a third straight day of losses on Friday as a retreat in crude oil and other commodities pric...

Warren Buffett says he sold a third of stake in IBM: CNBC

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(Reuters) - Berkshire Hathaway's Warren Buffet has sold about a third of his stake in IBM Corp during the first and second quarter of ...

Greenlight says documents show GM tried to undermine dual-share plan

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(Reuters) - Greenlight Capital escalated its battle against General Motors Co on Thursday, posting credit ratings documents that it said th...

U.S. Senate passes bill to fund government through September

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WASHINGTON (Reuters) - The U.S. Senate on Thursday gave final legislative approval to a $1.2 trillion spending bill to keep the government o...

Wall Street drops with oil prices, health bill vote awaited

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(Reuters) - U.S. stocks were lower in early afternoon trading on Thursday as a steep fall in crude oil prices weighed on energy shares and w...

Kraft Heinz to cut jobs, shutter factories under integration plan

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(Reuters) - Kraft Heinz Co said on Thursday it would cut about 13 percent of its workforce, close factories and consolidate its distributio...

OPEC likely to extend output pact, bigger oil cut unlikely: delegates

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LONDON/DUBAI (Reuters) - OPEC and non-OPEC oil producers look likely to extend their agreement to limit supplies beyond its June expiry to h...